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TORONTO - Timbercreek Financial (TSX:TF), a $476 million market cap lender currently offering an attractive 8.85% dividend yield, announced Tuesday it has declared a monthly cash dividend of $0.0575 per common share, to be paid on August 15, 2025, to shareholders of record as of July 31, 2025.
The non-bank commercial real estate lender, maintaining a FAIR financial health score according to InvestingPro analysis, highlighted its Dividend Reinvestment Plan, which allows shareholders to purchase additional common shares by reinvesting cash dividends. Under the plan, shares will be acquired either from the open market at prevailing prices or issued from treasury at 98 percent of the average market price during the five-day trading period ending three business days before the dividend payment date.
Shareholders who participate in the plan through broker or financial institution accounts must enroll for distribution reinvestment through their nominee holder, according to the company’s press release statement.
Timbercreek Financial describes itself as a provider of shorter-duration, structured financing solutions to commercial real estate investors, offering execution and terms that it says are not typically provided by Canadian financial institutions.
The full text of the Dividend Reinvestment Plan is available on the company’s website.
In other recent news, Timbercreek Financial has announced a monthly cash dividend of $0.0575 per common share, payable on June 13, 2025, to shareholders on record as of May 30, 2025. This development is part of the company’s ongoing commitment to returning value to its shareholders. Alongside the dividend announcement, Timbercreek Financial has emphasized its Dividend Reinvestment Plan, which allows shareholders to reinvest their cash dividends into additional common shares. These shares can be purchased either in the open market or issued from the company’s treasury. If issued from treasury, the shares are priced at 98 percent of the average market price during a specified trading period before the dividend payment date. This reinvestment plan enables shareholders to automatically enroll their shares for further reinvestment, potentially increasing their holdings over time.
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